Uruguay: Market for Moulded Or Pressed Articles Of Paper Pulp 2024

Market Size for Moulded Or Pressed Articles Of Paper Pulp in Uruguay

The Uruguayan paper pulp moulded articles market declined significantly to $X in 2022, waning by -26.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a notable expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Moulded Or Pressed Articles Of Paper Pulp

Exports from Uruguay

In 2022, after three years of decline, there was growth in shipments abroad of moulded or pressed articles of paper pulp, when their volume increased by 4.8% to X kg. Over the period under review, exports, however, saw a precipitous slump. The pace of growth appeared the most rapid in 2015 with an increase of 580% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, paper pulp moulded articles exports totaled $X in 2022. In general, exports, however, showed a sharp reduction. The pace of growth was the most pronounced in 2015 with an increase of 715%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X kg) was the main destination for paper pulp moulded articles exports from Uruguay, with a 89% share of total exports. It was followed by the United States (X kg), with a 2.3% share of total exports. The third position in this ranking was taken by Canada (X kg), with a 2.3% share.

From 2012 to 2022, the average annual growth rate of volume to Argentina amounted to -44.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-18.8% per year) and Canada (0.0% per year).

In value terms, Argentina ($X), Paraguay ($X) and Costa Rica ($X) were the largest markets for paper pulp moulded articles exported from Uruguay worldwide, together accounting for 97% of total exports. The United States, Canada and Chile lagged somewhat behind, together comprising a further 3.4%.

Canada, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average paper pulp moulded articles export price amounted to $X per ton, standing approx. at the previous year. In general, the export price showed a modest increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 66%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+11.6%), while the prices for the other major destinations experienced a decline.

Imports of Moulded Or Pressed Articles Of Paper Pulp

Imports into Uruguay

In 2022, the amount of moulded or pressed articles of paper pulp imported into Uruguay dropped rapidly to X tons, declining by -52.1% compared with the previous year's figure. Overall, imports showed a slight decline. The growth pace was the most rapid in 2019 with an increase of 127% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, paper pulp moulded articles imports amounted to $X in 2022. Over the period under review, total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +118.4% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of 79% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) constituted the largest paper pulp moulded articles supplier to Uruguay, with a 62% share of total imports. Moreover, paper pulp moulded articles imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was held by Argentina (X tons), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil stood at +50.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.4% per year) and Argentina (-8.9% per year).

In value terms, Brazil ($X) constituted the largest supplier of moulded or pressed articles of paper pulp to Uruguay, comprising 66% of total imports. The second position in the ranking was taken by Argentina ($X), with a 13% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Brazil amounted to +53.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-10.0% per year) and China (+9.6% per year).

Import Prices by Country

In 2022, the average paper pulp moulded articles import price amounted to $X per ton, rising by 119% against the previous year. Overall, the import price saw a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :